Insurance Contract

Unocal confederacy manager Insurance stipulation This Unocal slew Director Insurance Agreement (Agreement) is made --------- as of [Insert mesh of Agreement], by and between Unocal Corporation, a Delaware corporation (the Corporation), and [Insert title of Unocal Director] (the ----------- Director) with reference to the following facts: -------- RECITALS -------- A.

The Director is currently a member of the Board of Directors of the Corporation, as well as of authorized subsidiaries and affiliates of the Corporation, and is performing valuable go for the Corporation. The Corporation wishes the Director to pertain in such capacities, and the Director is willing, beneath certain circumstances, to endure in such capacities. B. The Corporations Certificate of Incorporation, as permitted by partitioning 102(b)(7) of the Delaware General Corporation Law, has been amended to eliminate the Directors liability to the Corporation and its stockholders for monetary damages for certain breaches of fiduciary duty. C. The Bylaws of the Corporation append for the reparation of the officers, directors, agents, and employees of the Corporation to the maximum extent...If you wan t to get a full essay, site it on our websi! te: OrderEssay.net

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